News about Investments
China is stepping up its drive for technological autonomy in the semiconductor industry by increasing production of silicon wafers for artificial intelligence chips. The country’s authorities expect to increase the share of domestic silicon wafers in the national industry to 70% against the backdrop of US export restrictions and the global AI boom.
Pinterest reported quarterly results that beat analysts’ expectations and simultaneously provided an upbeat outlook for the second quarter, sparking a marked increase in investor interest. The company’s stock was up about 15% in the May 4 postmarket.
Shares of European luxury brands rose sharply amid forecasts of a possible settlement of the conflict in the Middle East. Investors are betting on the recovery of tourism and the return of demand from wealthy buyers.
American cosmetics concern Estée Lauder is expanding its personnel optimization program: the company plans to cut about 3 thousand additional jobs. Together with the previously announced layoffs, the total number of reductions will reach approximately 10 thousand employees.
The United States Department of Justice has launched an investigation into suspicious bets on oil futures ahead of news of a war with Iran. Traders made such transactions totaling $2.6 billion amid a periodic spike in trading activity in the oil market shortly before important announcements about the situation around Iran.
Moldova is becoming increasingly dependent on external financing. At the same time, reform-driven financial instruments are increasingly being replaced by “politicized financing”, with economic criteria taking a back seat. This can be considered the beginning of a dangerous slide for the country.
In an interview with our portal, entrepreneur Mircea Baciu spoke about a real opportunity that would allow Moldova to significantly increase its exports – through the use of international online trading platforms.
ODA will provide grants of up to 600,000 lei to young people and migrants for business development. The company’s own contribution must be at least 30%.
Eurozone financial integration has made steady progress over the past few years, but the region’s stock markets remain stubbornly fragmented, lagging behind developments in the debt and banking sectors, the European Central Bank (ECB) said in a report released Thursday.
Several major cryptocurrencies have significantly outperformed bitcoin and Ethereum in terms of growth.
Media magnate and philanthropist Ted Turner, the founder of CNN TV channel died at the 88th year of life. This was reported by CNN with reference to the press release of Turner Enterprises.
By the end of the day on May 6, the dollar exchange rate fell to the lowest level since the beginning of the war in the Middle East. The reason was the appearance of information that Washington and Tehran came close to signing a peace agreement.
The independent expertise notes a paradoxical situation: despite the declared reforms, the role of the state in the Moldovan economy remains high and even structurally strengthens in some areas. At the same time, the reform of state-owned enterprises (SOEs) is progressing slowly.
Danish jewelry brand Pandora reported first quarter results that exceeded analysts’ expectations despite weakening demand in its key market, North America.
The growing number of bets against Nike stock is increasing pressure on the company’s management and personally on CEO Elliott Hill, who is struggling to stabilize the sports giant’s business 18 months after taking office.
The Kazkrahmal plant is under construction in the Turkestan region of Kazakhstan, which will be the country’s first and Central Asia’s largest complex for deep processing of corn.
Anca Dragu, Governor of the National Bank of Moldova (NBM), has outlined Moldova’s prospects for capital market and mortgage development. Dragu made a speech entitled “Mortgage lending in Moldova: market perspectives and development directions” in Stavanger, Norway, where she is participating in the 38th plenary meeting of the European Council for Secured Bonds (ECSB).
The decision to start talks between Moldova and Bosnia and Herzegovina on the conclusion of an agreement on air services was approved today by the government.
Ilon Musk announced that the Grok 4.3 model showed the best results in difficult tests on law and finance. The announcement caused controversy: some users speak of a breakthrough, others – of marketing without transparent evidence.
UPDATED. Sergiu Gherciu, Secretary General of the Ministry of Agriculture and Food Industry, is currently in the Republic of Azerbaijan, where he is taking part in the 19th International Agricultural Exhibition ‘Caspian Agri-Week’ and the 31st International Food Industry Exhibition ‘InterFood Azerbaijan’.
